Overview Dividends

(NJR) NewJersey Resources - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US6460251068

Natural Gas, Solar Installation, Energy Services, Storage, Transportation

EPS (Earnings per Share)

EPS Growth (3y CAGR): -47.64%
EPS Trend (3y Corr): -22.0%

Last SUE: -1.76σ
Qual. Beats: 0

Revenue

Revenue Growth (3y CAGR): -28.96%
Revenue Trend (3y Corr): -24.4%

Last SUE: -0.03σ
Qual. Beats: 0

Risk via 10d forecast
Volatility	20.2%
Value at Risk 5%th	33.2%
Relative Tail Risk	0.01%

Reward TTM
Sharpe Ratio	0.00
Alpha	-2.26

Character TTM
Hurst Exponent	0.483
Beta	0.144
Beta Downside	0.162

Drawdowns 3y
Max DD	27.79%
Mean DD	12.40%
Median DD	11.36%

Description: NJR NewJersey Resources November 05, 2025

New Jersey Resources Corporation (NYSE:NJR) is a diversified energy services holding company that primarily distributes regulated natural gas to residential and commercial customers across six New Jersey counties. Its operations are organized into four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage & Transportation, each contributing to both core utility functions and growth initiatives in renewable-energy projects and ancillary services.

Key metrics that analysts watch include a 2023 revenue of roughly $2.1 billion, a regulated rate base near $5.5 billion, and a dividend yield around 3.5 %. The company’s earnings are closely tied to New Jersey’s aggressive decarbonization agenda, which drives demand for clean-energy installations, while natural-gas consumption trends and regional wholesale gas price volatility remain primary economic drivers for the utility segment.

For a deeper quantitative assessment, you may explore NJR’s profile on ValueRay to see its latest valuation metrics and peer comparisons.

NJR Stock Overview

Market Cap in USD	4,657m
Sub-Industry	Gas Utilities
IPO / Inception	1987-12-30
Return 12m vs S&P 500	-8.47%
Analyst Rating	3.88 of 5

NJR Dividends

Metric	Value
Dividend Yield	4.79%
Yield on Cost 5y	7.60%
Yield CAGR 5y	7.73%
Payout Consistency	98.5%
Payout Ratio	63.5%

NJR Growth Ratios

Metric	Value
CAGR 3y	2.66%
CAGR/Max DD Calmar Ratio	0.10
CAGR/Mean DD Pain Ratio	0.21
Current Volume	1117k
Average Volume	551.1k

Piotroski VR‑10 (Strict, 0-10) 3.5

Net Income (411.7m TTM) > 0 and > 6% of Revenue (6% = 125.8m TTM)

FCFTA -0.02 (>2.0%) and ΔFCFTA -1.35pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -8.43% (prev -20.74%; Δ 12.31pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.06 (>3.0%) and CFO 449.7m > Net Income 411.7m (YES >=105%, WARN >=100%)

Net Debt (3.56b) to EBITDA (841.3m) ratio: 4.23 <= 3.0 (WARN <= 3.5)

Current Ratio 0.76 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (100.4m) change vs 12m ago 1.40% (target <= -2.0% for YES)

Gross Margin 46.53% (prev 30.97%; Δ 15.56pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 29.82% (prev 25.59%; Δ 4.24pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 4.89 (EBITDA TTM 841.3m / Interest Expense TTM 134.1m) >= 6 (WARN >= 3)

Altman Z'' 1.51

(A) -0.02 = (Total Current Assets 562.3m - Total Current Liabilities 739.1m) / Total Assets 7.27b

(B) 0.20 = Retained Earnings (Balance) 1.48b / Total Assets 7.27b

(D) 0.36 = Book Value of Equity 1.73b / Total Liabilities 4.85b

Total Rating: 1.51 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 47.69

1. Piotroski 3.50pt

2. FCF Yield -2.06%

3. FCF Margin -8.08%

4. Debt/Equity 1.47

5. Debt/Ebitda 4.23

6. ROIC - WACC (= 4.57)%

7. RoE 17.49%

8. Rev. Trend -24.42%

9. EPS Trend -22.02%

What is the price of NJR shares?

As of November 21, 2025, the stock is trading at USD 48.04 with a total of 1,117,027 shares traded.
Over the past week, the price has changed by +3.05%, over one month by +2.15%, over three months by +3.30% and over the past year by +2.38%.

Is NJR a buy, sell or hold?

NewJersey Resources has received a consensus analysts rating of 3.88. Therefore, it is recommended to buy NJR.

Strong Buy: 3
Buy: 1
Hold: 4
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the NJR price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	53.4	11.2%
Analysts Target Price	53.4	11.2%
ValueRay Target Price	51.3	6.8%

NJR Fundamental Data Overview November 20, 2025

Market Cap USD = 4.66b (4.66b USD * 1.0 USD.USD)
P/E Trailing = 11.3399
P/E Forward = 14.8148
P/S = 2.2215
P/B = 1.9275
P/EG = 1.864
Beta = 0.63
Revenue TTM = 2.10b USD
EBIT TTM = 655.7m USD
EBITDA TTM = 841.3m USD
Long Term Debt = 3.02b USD (from longTermDebt, last quarter)
Short Term Debt = 368.7m USD (from shortTermDebt, last quarter)
Debt = 3.56b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.56b USD (from netDebt column, last quarter)
Enterprise Value = 8.21b USD (4.66b + Debt 3.56b - CCE 931.0k)
Interest Coverage Ratio = 4.89 (Ebit TTM 655.7m / Interest Expense TTM 134.1m)
FCF Yield = -2.06% (FCF TTM -169.3m / Enterprise Value 8.21b)
FCF Margin = -8.08% (FCF TTM -169.3m / Revenue TTM 2.10b)
Net Margin = 19.64% (Net Income TTM 411.7m / Revenue TTM 2.10b)
Gross Margin = 46.53% ((Revenue TTM 2.10b - Cost of Revenue TTM 1.12b) / Revenue TTM)
Gross Margin QoQ = 66.50% (prev 41.15%)
Tobins Q-Ratio = 1.13 (Enterprise Value 8.21b / Total Assets 7.27b)
Interest Expense / Debt = 0.89% (Interest Expense 31.7m / Debt 3.56b)
Taxrate = 25.46% (-5.14m / -20.2m)
NOPAT = 488.7m (EBIT 655.7m * (1 - 25.46%))
Current Ratio = 0.76 (Total Current Assets 562.3m / Total Current Liabilities 739.1m)
Debt / Equity = 1.47 (Debt 3.56b / totalStockholderEquity, last quarter 2.42b)
Debt / EBITDA = 4.23 (Net Debt 3.56b / EBITDA 841.3m)
Debt / FCF = -21.00 (negative FCF - burning cash) (Net Debt 3.56b / FCF TTM -169.3m)
Total Stockholder Equity = 2.35b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.66% (Net Income 411.7m / Total Assets 7.27b)
RoE = 17.49% (Net Income TTM 411.7m / Total Stockholder Equity 2.35b)
RoCE = 12.20% (EBIT 655.7m / Capital Employed (Equity 2.35b + L.T.Debt 3.02b))
RoIC = 8.57% (NOPAT 488.7m / Invested Capital 5.70b)
WACC = 3.99% (E(4.66b)/V(8.21b) * Re(6.54%) + D(3.56b)/V(8.21b) * Rd(0.89%) * (1-Tc(0.25)))
Discount Rate = 6.54% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 33.33 | Cagr: 0.91%
Fair Price DCF = unknown (Cash Flow -169.3m)
EPS Correlation: -22.02 | EPS CAGR: -47.64% | SUE: -1.76 | # QB: 0
Revenue Correlation: -24.42 | Revenue CAGR: -28.96% | SUE: -0.03 | # QB: 0

Additional Sources for NJR Stock

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Fund Manager Positions: Dataroma | Stockcircle